Digital White Papers

KM17

publication of the International Legal Technology Association

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21 WWW.ILTANET.ORG | ILTA WHITE PAPER KNOWLEDGE MANAGEMENT 2016 ILTA Knowledge Management Survey Results Is someone in your organization dedicated to supporting lawyers preparing and evaluating fee estimates? If your organization uses a system that prepares and tracks the status of fee estimates and matter prices, do you make the information available to clients? Does your organization use full-time Project Managers that help lawyers manage legal matters? Yes No No No Unanswered Unanswered Unanswered 36 47 59 42 13 Yes 21 Yes 70 88 68 Alerts to lawyers when costs reach thresholds of estimate or AFA Budgeting System (third-party or custom-built) that tracks and reports actual costs against quoted fee Budget templates by maer type Budgeting tool – custom built Budgeting tool – third party Consultation services to help lawyers prepare fee estimates or manage maers Maer Experience System (data mining for historical fee information) Maer Financial Dashboards (in real time) Process Maps/Maer Planning Templates (by maer type) Professional Development on fee estimates, pricing, or maer managemen Workflow or Process Automation Other Unanswered Identify any methods and systems your organization uses to help provide fee estimates Graphed by individual choice. 30 29 32 26 16 20 30 35 22 26 11 8 82

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